Nefab purchases French packaging company

Nefab purchases French packaging company

By Xuefei Chen Axelsson
STOCKHOLM, Sept. 19(SCBR)–The global giant packaging
group Nefab AB, headquartered in Jönköping in Sweden, has
recently acquired the French packaging company Peinetti SAS,
according to a statement from the company.
The acquisition broadens Nefab’s offer to customers in energy
production and power transmission, and is a part of the group’s
long-term growth strategy. Peinetti is a leading packaging company in France, with focus
on the energy industry and heavy-duty packaging. Sales in the part of the company that Nefab plans to keep in the
long term amounted to about EUR 8 million in 2010.
The company has two manufacturing units, located near Lyon
and Grenoble, and about 80 employees. “In the Nefab Group, we have identified three segments – telecom,
energy and automotive – in which our packaging solutions have
great opportunities to boost customers’ profitability while
accelerating our own growth,” says Stefan Ekqvist, CEO of the Nefab Group.”The acquisition of Peinetti SAS is in-line with the strategy,
strengthening our position with several key customers in the
energy segment.” “The market is becoming increasingly ‘glocal’; global energy
customers expect global coordination combined with competitive
service in the local market,” explains Olivier de Guitaut, head
of business development at Nefab.

“The acquisition of Peinetti increases our presence in a critical
region, while expanding our range with heavy-duty packaging
on the French market.”

Nefab delivers complete packaging solutions to international
industrial groups, with special focus on the telecom, electronics, automotive, energy, medical and machinery industries. Nefab has offices in 35 countries and over 3,000 employees.
Sales in 2010 amounted to about USD 450 million. The primary
owners of the group are Nordic Capital and the Nordgren/Pihl
family, which founded the company.

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